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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,199 | $93,589-52.8% | $135,942-67.5% | $75,181-41.2% |
| Participation rate | 29.8% | 75.2%-45.4pp | 81.9%-52.1pp | 67.2%-37.4pp |
| Annual return | 0.00% | 30.90%-30.9pp | 68.28%-68.3pp | 160.69%-160.7pp |
| Employer contribution / active EE | $1,108 | $3,537-68.7% | $4,858-77.2% | $2,671-58.5% |
| Participant deferral / active EE | $2,049 | $6,405-68.0% | $7,759-73.6% | $4,126-50.3% |
| Admin fee / account holder | $41 | $6,977-99.4% | $10,764-99.6% | $5,650-99.3% |